PureFace1:



I can see you are a quack economy professor

How does foreign investment kill local currency and economy ? China is what it is today because of foreign investment, part of the reason why China can't easily confront the West is because their economy is tied together.


And Anambra economy is not really bigger than most south west state because Ogun, Ondo and Oyo is matching it bumper to bumper even without Lagos.

PureFace1:


Which south east state have higher GDP than most South west state apart from Imo state because of the Gas and Oil in the state

Nigercity:

You just sounded like an illiterate
Go through the thread you will realise you are the only one ranting
IGR and GDP are too different things
South West is still they most indebted region in the country despite having high i.g.r ! The even borrow to till build airport and other things
Unlike Anambra that built an airport without borrowing
Also only an illiterate will start yelling about Igbos migrations!
Because using Google map
All are statics available will tell you that south east is the most dense populated region in Nigeria,
(Go and verify) if you actually understand the meaning of population density!
Anambra alone is the second most dense populated state after Lagos, so is only natural if south easterns migrate!
Also not everyone is leaving south east
Like you myopic people in South West imagines,
fact check, use your phone open Google map, you will realise that the biggest built up urban space in Nigeria is onistha metropolis which have almost being merged with Owerri in far away IMO as one city! (Technology is always available to verify this fact)
I wonder why
You all thinks that all Igbos are outside South East

Abagworo:


One thing I've come to learn is that there is merits and demerits in whatever a leader seems to focus on. We may call it opportunity cost so Uzodinma isn't a bad leader except that he made critical mistakes during the early stages of the insecurity that has made it difficult for him to resolve. His focus is more on using his good relationship with Government at the center in reconstructing the link roads connecting Imo to other States. Okorocha's focus was different and his Presidential ambition made his party APC starve Imo of federal presence unlike Uzodinma that has no such ambition.

Nigercity:


There's nothing like Igbo here
Because both state have indigenous Igbos, etche is both in IMO and rivers, hope uzodinma village ohaji is also in IMO and rivers, including omuma,egbenma! Let's not even add ikwerre to the conversation! (All divided by borders)
The augrement here should be the two states no need for bringing ethnicity!
Then back to the augrement
Rivers will have a higher i.g.r than IMO state by far because of the presence of large international oil companies there, including shell, agip, chevron e.t.c
But in terms of GDP, am not too sure about that
Because Production in rivers state is stale!
Almost every thing sold in rivers state comes in from ABA in Abia state!
Infact nah rivers, Bayesla and akwa ibom
They patronise ABA pass every other Nigeria state because of it's proximity
From ph to ABA is less than 45 minutes drive excluding bad road! (It's less than traveling from one part of Lagos to another part of Lagos, or traveling from kuje to wuse all in Abuja)
So rivers due to it overdependence in Abia for goods Production is likely to have a low GDP!
But surprisingly there GDP is still not bad compare to those in South West
Who depends on Lagos for almost all goods and services!

Abagworo:


You're not informed so argue with room for learning . Imo has always been high in GDP and the oil and gas has been on for a while. Uzodinma's government reduced the economy following their failure in securing the State and assure visitors of hitch free stay without fear.

Nigercity:


Poor in which investment?
Anambra has more indigenous investment per month than any Nigeria state, Abia and IMO of recent is currently doubling up in investment

Unless you are talking about foreign investment, where Lagos,ogun takes they lead
And it's somehow bad because it's killing our local currency,
We should encourage local investment, local production and exportation to grow our economy!

For security
Insecurity in South East is overhyped by media, unknown gunmen only attacks rural part of imo and Anambra and have almost been flushed out of lately
Enugu and ebonyi, including ABA and umuahia part of Abia are one of the safest states in Nigeria!
Reason why different show and cultural festival are being held in Enugu of lately!
Then for i.g.r
Common sense should tell you that over 90% of companies in South East are indigenous, hence a little or no taxes are been paid
You can goggle it
Some years ago Abia state government announce 5 years tax waivers for there indigenous investors
Ask yourself why most south east states have more higher GDP (which is a real index for measuring development) more than most south west state
Despite south west having more i.g.r
They are still the most indebted region in the country!!
If you like giving yourself hope with I.G.R

Workch:
Well, I can't redeem you since you already think that federal government owns the gas plants.

Theres no way to help you

nedu666:



Which imo state. The one in Nigeria or the imaginary one

BeautifulMind2:

Haven't you noticed that in this forum only fabricated IGR by governors make front page not GDP, I have created different threads on states GDP from World bank and NBS it didn't see front page, they enjoying deceiving themselves with IGR that doesn't measure economy, imagine celebrating high IGR still borrow to pay salary

Workch:
Imo state is now the second largest economy in Nigeria after Lagos state. It's not surprising since Nigeria has been investing a lot in gas production recently and Imo state is the largest gas producer in Sub-Saharan Africa.

Imo state just surpassed Rivers and Akwa Ibom to become thr second largest economy in the country because of this. We expect the figures to froglip the moment seplat and Shell gas plant, both with almost $3billion start their operations. The level of economic renewal this will cause for Imo state will be overwhelming.

This is why APC wants to keep Imo state by all means, Imo state is the future of Nigeria and whoever controls Imo state will get the money. Oil is becoming stale, Rivers and Akwa Ibom will gradually be come irrelevant in years to come.

Another state where I expect to see growth in economy is Abia and Anambra state.

Philistine:


Congrats! You guys should continue to spread lies and falsehood since it will masturbate your deflated egos. Once again nobody takes you guys serious again, your repeated lies have been bursted several times.

Workch:
I computed it. Me and my boys in Aba

Philistine:


Budgit never released those computation, it was released by ethnic jingoist like yourself, kindly show us the $ computation from Budgit office.

Philistine:


Which authority converted to naira? GDP is usually computed in US $, moreover, IMF put Lagos GDP at over $120bn as at last year, but the shows much less in naira. The total GDP for Nigeria according to International bodies is over $400bn, but the table shows much less, you guys should stop misleading the public with your false stats.

BeautifulMind2:

In real sense it benefit the citizens, Akwa Ibom with large GDP, you only see that in state government spending not the citizens, an average Anambra or Abia citizens control their GDP, that's why the government of Anambra and Abia are finding it difficult to generate more IGR, the citizens are far richer than the state government. Expect both state formal sector grow to that of Lagos then they will have enough IGR to match up

Philistine:
Nigeria's GDP is over $400bn dollars, while the table shows much less, the info is incorrect.

Supremos:


Imo is N8,452,776,534,748 how's that 3 position, while from the table there Rivers state is N8,2..... abi I'm not seeing well?. 😂 Imo is second not 3rd

BeautifulMind2:
Rivers, Delta, Imo, Akwa Ibom, Ogun, Oyo all belong to formal sector, while Anambra, Abia are control by informal sector, in my opinion informal sector benefit the citizens more than formal sector, informal sector enrich the citizens while formal sector enrich the state government.

BeautifulMind2:

Once Seplat gas project start operational is will boast Imo GDP more

SoNature:
I didn't download and go through the PDF file.
So, could you give us an idea of the methodology used to arrive at this conclusion?

I have repeatedly maintained that the only stats I trust in Nigeria are air traffic, crime rates and IGR. Everything else is based on questionable estimates.

BeautifulMind2:

Based on oil and gas economy

Ofunaofu:


OP why was the previous thread locked

CoronaVirusPro:


APGA has never been know for growth. Where is Anambra which happens to be their pilot state?

Look at the development in Ebonyi in last 8 years. Anambra is still struggling to replicate such in last 16 years.

Give it to APC! It’s the best thing that happened to Nigeria in last five decades.

freemanq:
But 90% are very poor

CoronaVirusPro:


It started during Okorocha, and that still makes it one of giant strides of APC

Repeated consolidation of predecessors vision.

CoronaVirusPro:
The giant strides of APC rule is finally coming to light!

God bless Imo State!

While other South East States were voting to despise APC at the expense of competence and accountability, Imo state was voting in the line of what’s best for them.

SoNature:
Do you people believe this data?

That's because I don't.

By the way,.I am from Imo State (before someone will call me an Ogbomoso man 😅)